Bloomberg News

EBRD to Lend 200 Million Euros to Ukraine’s Hydropower Operator

September 29, 2011

Sept. 29 (Bloomberg) -- The European Bank for Reconstruction and Development approved a 200 million-euro loan to Urgidroenergo, a Ukrainian state-run operator of hydro generating and pump storage facilities, the London-based lender said today in an e-mailed statement. The loan, which will mature in 15 years, will be used to upgrade 28 power units at six hydro generating plants, according to the statement.

To contact the editor responsible for this story: Daryna Krasnolutska at

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